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The death toll from the storm which struck central and eastern Europe last week rose to 24 and some areas are still under threat from rising waters
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Gold firms up, investors await ECB, Fed moves
Gold edged higher on Monday as the dollar retreated but stayed under pressure from talk the European Central Bank may loosen monetary policy and speculation the Federal Reserve may scale back US stimulus later this year.
Spot gold was up 0.1 per cent at $1,316.19 an ounce at 1215 GMT, after falling nearly three per cent last week to their lowest in two weeks at $1,305.69. US gold futures for December delivery were up $3.10 an ounce at $1,316.30. Gold prices are down more than 20 per cent this year, largely on the back of expectations that the Fed is set to scale back monetary stimulus.
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